3729 Easton Nazareth Hwy - Medical FOR SALE


Easton, PA 18045
$600,000 USD
215-531-7057
3729 Easton Nazareth Hwy, Easton, PA for Sale
$600,000 USD
Medical - FOR SALE
1/27
null | Request Cap Rate

3729 Easton Nazareth Hwy
Easton, PA 18045


HIGHLIGHTS

  • STARTING BID $600,000 | 36,000 SF Medical Office | 14% Occupied | 16K VPD | AUCTION OCTOBER 5-7
  • 86% Vacant Medical Lease-Up Opportunity: ±31,077 SF remains available, creating substantial upside for an investor or owner-user.
  • Regional Access Near State Route 33: Direct exposure to Nazareth Highway with ±16,259 VPD and Route 33 just 0.5 miles away.
  • Established NNN Medical Tenant Base: Three medical tenants provide existing income, including a practice affiliated with St. Luke's.
  • Purpose-Built Medical Office Infrastructure: Exam rooms, plumbing, and specialized build-out help reduce capital and time for new users.
  • Retail Corridor with National Anchors: Walmart, Target, Sheetz, Wawa, Sam’s Club, Wegmans, and other major retailers sit nearby.

OVERVIEW

Brokered by Marcus & Millichap, Easton Medical Office is a 36,000 SF medical office building situated on 3.73 acres at 3729 Easton Nazareth Highway in Easton, Pennsylvania. Built in 2003, the Property offers a compelling value-add opportunity for an investor or owner-user, with three established NNN medical tenants currently in place, including a practice affiliated with St. Luke's University Health Network, while ±31,077 SF remains available for lease-up. The Property benefits from direct access and visibility along Nazareth Highway, which carries 16,259+ VPD, and is located just 0.5 mile from State Route 33, which carries 47,644 VPD. Purpose-built medical infrastructure, including exam rooms, plumbing, and specialized improvements, may reduce the capital and time required to accommodate new healthcare users. Surrounded by major retailers and supported by an affluent, growing trade area with more than 138,000 residents within 5 miles and average household income of $136,105 within 1 mile, the Property offers existing income and substantial lease-up upside at a deeply discounted basis.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction - Lender Driven Short Sale | 36K SF

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

Commercial

APN/PARCEL ID

K8-9A-6A-0418

ASK ABOUT THIS PROPERTY

Colin RederMarcus & MillichapMore Info
215-531-7057

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Colin RederMarcus & MillichapMore Info
215-531-7057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.